Binance Completes Second Round of Terra (LUNA) Airdrop Distribution to Terra Classic (LUNC) and USTC Holders

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Binance has finalized the second round of its Terra (LUNA) airdrop distribution to eligible Terra Classic (LUNC) and TerraClassicUSD (USTC) holders. Users who met the snapshot criteria can verify receipt of these tokens in their Spot wallets via the distribution page in their account center.

Key Details of the Airdrop

Snapshot Timelines

Allocation Ratios

Holding PeriodAsset TypeLUNA Allocation Rate
Pre-AttackaUST1 aUST = 0.01827712143 LUNA
LUNC1 LUNC = 1.034735071 LUNA
Post-AttackLUNC1 LUNC = 0.000015307927 LUNA
USTC1 USTC = 0.02354800084 LUNA

Important Notes for Users

  1. Eligibility Check:
    Verify your qualification using pre- and post-attack snapshot data.
  2. Future Distributions:
    Binance will conduct remaining Terra (LUNA) airdrops starting December 2022 or June 2023, spanning 24–48 months.
  3. Wallet Settings:
    Disable "Hide Zero Balances" to view LUNA tokens in your Spot wallet.
  4. Announcements:
    No further updates will be issued for subsequent airdrops.
  5. Restrictions:
    U.S. individuals, entities, and sanctioned regions are ineligible. Refer to Binance’s Terms of Use for details.
  6. Language Preference:
    English versions override translated discrepancies.

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FAQ Section

Q1: How do I confirm my airdrop receipt?
A1: Navigate to "Distribution" under "User Center" and check your Spot wallet.

Q2: Will there be more LUNA airdrops?
A2: Yes, but Binance won’t announce each batch—monitor your wallet periodically.

Q3: Why can’t I see my LUNA tokens?
A3: Ensure "Hide Zero Balances" is disabled in wallet settings.

Q4: Are U.S. residents eligible?
A4: No, this airdrop excludes U.S. citizens and sanctioned jurisdictions.

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Summary

Binance’s transparent airdrop process underscores its commitment to supporting Terra ecosystem recovery. Users are advised to stay informed via official channels and adjust wallet settings for seamless token reception.